Johnson Controls Appoints New CEO, Approves Key Shareholder Proposals
March 12, 2025 – Johnson Controls International plc announced the appointment of Joakim Weidemanis as its new CEO, succeeding George Oliver following the company’s 2025 Annual General Meeting (AGM) in Cork, Ireland. Oliver will continue as Chairman of the Board until his scheduled retirement on July 31, 2025. The Board also expanded to 13 directors, with Weidemanis appointed as a new director.

At the AGM, shareholders voted on several key proposals:

Election of 12 board members, including Oliver, who was re-elected.
Ratification of PricewaterhouseCoopers LLP as independent auditors.
Authorization for share buybacks and treasury share reissuance.
Approval of executive compensation in a non-binding vote.
Approval of the Board’s authority to issue shares and waive pre-emption rights.
These developments mark a strategic leadership transition and reinforce Johnson Controls' corporate governance and financial flexibility.